Deregulation specifics

Discussion in 'Experienced Truckers' Advice' started by Lab work, Feb 28, 2020.

  1. Lab work

    Lab work Medium Load Member

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    I read a lot of comments in here about deregulation and I am curious about the specific details. What was the purpose? Any advantages of deregulation? And how has this changed the trucking industry?
     
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  2. Ubu

    Ubu Road Train Member

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  3. x1Heavy

    x1Heavy Road Train Member

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    Deregulation is a absolute and irrevocable change against the trucking industry in the late 70's I see life before deregulation as sort of "In order" with everything in place and overflowing in money. After deregulation? HA... here we are scratching to make a dollar.
     
  4. Lab work

    Lab work Medium Load Member

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  5. Moosetek13

    Moosetek13 Road Train Member

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    No more Smokey and the Bandit?

    Shucks.
     
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  6. "semi" retired

    "semi" retired Road Train Member

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    Well, let's see, life before deregulation? When outlaws ruled the roost (unfortunately, we paid the price for those shenanigans) Just hearing the song fires me up. ( where's my walker) It was a great time to be a trucker, fo sho!
     
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  7. LtlAnonymous

    LtlAnonymous Road Train Member

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    Well, the thought was that the free market would do its thing and everything would work out in the end. And that's happened for the CUSTOMERS of trucking companies. It always seems to work that way. To hell with the person doing the job, give me your service for half price.

    Large corporations moved in or broke their pesky unions, and driver wages have stagnated for four decades, for the most part.

    The average driver earned equivalent to 100k per year prior to regulation. The AVERAGE driver, not the cent per mile hero cooking three log books and snorting drugs to make delivery times.

    Household goods miles, cents per mile pay, doing away with or cutting detention pay, if the wheels ain't turning you ain't earning...deregulation has brought truckers many gifts! All hail the free market! Lol
     
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  8. Old Man

    Old Man Road Train Member

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    The only reason for the Motor Carrier Act of 1980 was to break up the teamsters,
    It worked.
     
  9. "semi" retired

    "semi" retired Road Train Member

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    Well, hold on. After deregulation, it was the little guy that could finally get a break, megas came much later. It had to do with competition too. I don't think wages have stalled, drivers are making twice as much as I made 20 years ago, and it was never $100 grand before . I remember, UPS was the highest paid truck driver in the late '70's when I started, and they were making around $20/hr. while I made $10 ( $26.00 today)and that was considered average then. Deregulation gave a lot small time schmoes, like me, a chance to have their own truck and business, and I did ok, hauled many things that were once union, you think the people on both ends cared? They were glad to get a better rate, which, if still regulated, I don't think we could have made it.
     
  10. LtlAnonymous

    LtlAnonymous Road Train Member

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    I said equivalent to $100,000. Adjusted for inflation.

    And yeah, there is always a window where things are good with capitalism. And then the large corporations show up, and you get what we have today.
     
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